Corpus Christi, Texas, to See $2.4 Billion in Project Kickoffs, Completions in First-Half 2018

Researched by Industrial Info Resources (Sugar Land, Texas)--Corpus Christi, Texas, is expected to see more than $2.4 billion in industrial project starts and completions in the first half of this year. The Oil & Gas Production Industry, with $900 million in projects, leads in terms of project value, followed by the Terminals Industry, with $450 million.

Click on the image at right for a breakdown of planned project starts and completions in Corpus Christi in the first half of 2018.

Among the top projects planned to kick off is EPIC Midstream Holdings LP's (Houston, Texas) grassroot natural gas liquids (NGL) fractionation plant. The plant, which is planned to be completed by the end of the year, will be able to process 100,000 barrels per day (BBL/d) of NGL. Optimized Process Designs LLC (Katy, Texas) is performing engineering, procurement and construction (EPC) on the project, which has an estimated total investment value (TIV) of $800 million. For more information, see Industrial Info's project report.

As Corpus Christi becomes a leading export hub for crude oil and petroleum products, the Terminals Industry remains strong in project activity. Plains All American Pipeline LP (NYSE:PAA) (Houston) is underway with construction of a crude oil storage terminal and dock in Corpus Christi. The terminal is being constructed at the site of a former zinc plant and will include two 270,000-barrel tanks and two 350,000-barrel tanks along with a deepwater ship dock to carry oil from the Eagle Ford Shale. Specialty Tank Services (La Porte, Texas) is the contractor. The project kicked off late last year and is expected to be completed in the next few months. For more information, see Industrial Info's project report.

Magellan Midstream Partners LP (NYSE:MMP) (Tulsa, Oklahoma) is planning a refined products and crude oil terminal addition to increase storage capacity at its existing Corpus Christi terminal from 3 million barrels to 4 million barrels. The project would include constructing 17 tanks and has an estimated TIV of $150 million. For more information, see Industrial Info's project report.

Of course, export terminals would not be possible without accompanying waterways, and the Port of Corpus Christi and the U.S. Army Corp of Engineers are working to expand the ship channel. The channel was narrowed during Hurricane Harvey, which struck Texas in late August. The project, which is planned to begin in the next few months, will widen and dredge the port's ship channel to 52 feet deep and 530 feet wide to accommodate tankers and bulk carriers. Additional barge shelves will be constructed to allow for two-way vessels and barge traffic. The project, which has an estimated TIV of $327 million, is expected to be completed by the end of 2021. For more information, see Industrial Info's project report.

In the Power sector, Sammons Renewable Energy (Dallas, Texas) is soon to kick off construction of a 162.9-megawatt (MW) windfarm 15 miles northeast of Corpus Christi. The project entails construction of 47 3.465-megawatt Siemens Gamesa wind turbine-generators. Apex Clean Energy (Charlottesville, Virginia) is performing EPC on the project, which has a TIV of $314 million and is expected to be in service in the fourth quarter of this year. For more information, see Industrial Info's project report.

Recently completed projects include Flint Hills Resources LP's (Wichita, Kansas) revamp of two crude units (178,000 BBL/d and 58,000 BBL/d) at its refinery in Corpus Christi to better process crude oil from the Eagle Ford Shale. The project kicked off in early 2016 and took about two years to complete. KBR Incorporated (NYSE:KBR) (Houston) was construction manager on the project, which had an estimated TIV of $90 million. For more information, see Industrial Info's project report.

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